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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (29074)6/22/2010 8:57:45 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71407
 
yes true.. the Pigs are really struggling. Well, portugal did well, but italy (and spain) are big disappointment, not to speak of the brits. Of course, there are lots of reasons for it, a challenging season, with some players having 60+ matches and the air off after the European CL ended.

Meanwhile, traders beat the shit out of the franc/eur, and it took the knockouts at 1.36 as earlier suggested in the same day.

As I look this is becoming wide spread. The USD is not strong, but all other currencies, and the EUR is weaker. EUR/AUD below 1.40, even the pound looks at 82p and it makes a $ high now.
So if not for the $ printing, the EUR retests recent lows everywhere.



To: ggersh who wrote (29074)6/23/2010 6:00:38 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71407
 
another day another "surprise". The pound gains a lot after the rate decision and particularly revisits low 82p. There could be more in store now.